Guggenheim’s Scott Minerd Weighs In on State of Bitcoin As BTC Approaches $30,000

Guggenheim Partners founder Scott Minerd is offering a bleak short-term outlook on Bitcoin’s price action. Minerd says that he sees a breakdown in Bitcoin’s price, considering that BTC has tapped its immediate support multiple times. “A technician’s rule to remember with Bitcoin: ‘Every time a support level is tested it becomes weaker.’ That would mean […] The post Guggenheim’s Scott Minerd Weighs In on State of Bitcoin As BTC Approaches $30,000 appeared first on The Daily Hodl.